I like your plan to tie the effectiveness of the designer to the bottom line. 

My partner works in finance and I have been managing high-profile construction projects for about a decade.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

And of course price usually is the issue if its priced right things sell  priced to high they sit at least for single family parcel. 

For example our bridge loan product is ok with your debt to income being to high at the time of purchase as long as the debt to income will be low enough to qualify once you rent (or sell) your current home. 

I think if when rates dip into the 5's or high 5s the market is going to really explode.

Hello Friends,I just got my first investment property ever in Cleveland. I want to use my own home inspection company rather than the brokers. Is there anyone who can guide me please if you have a trusted company?Than...

The people that have tried to do STRs realize how much work it is and how hard it is to operate at a high standard.

I highly recommend your first one not be OOS. 

With interest rates this high, really the only logical answer from a numbers perspective is "put more down".